A tower block in Lisbon’s Amoreiras district is to be totally revamped at a cost of €30 million. ‘A’ Tower – Urban Feel’ is the name of the project which will be built over the next 18 [...]
The increase in gold prices to a seven year high owing to investor jitters over a global economic slowdown has added a staggering €2,7Bn onto the value of Portugal’s gold reserves. The 382,5 [...]
Now might be the right time to snap up shares for a song in one of Portugal’s largest private banks Millennium BCP which has seen a 10% wipeout in share value this year according to brokers. [...]
Over 14% of petrol filling stations are dry on day three of a lorry drivers strike which is holding the nation’s economy hostage. By 8.15am on Wednesday morning 545 filling stations didn’t have a [...]
The personalities in the Lisbon property market have gone through a complete makeover in the last five years. None of the British, Spanish and Portuguese investors who were active in Portugal [...]
Portugal’s 265 factories that churn out car components hit an all-time production record in terms of exports in the first half of 2019. The absolute record for the first half of 2019 translated [...]
The orbital strapping and wrapping firm Plasticband has increased its foothold in Portugal through the purchase of Portuguese firm Cintexpor. Plasticband is the European leader in the production [...]
The Bank of Portugal has announced that it has stripped its licence from Orey Financial to operate as a financial institution. The decision was published over the weekend because it does not [...]
Banco Best saw net profits of €2.3 million in the first half of the year, an increase of 6% on the same period in 2018. In its mid-year results published on Monday, Banco Best highlights [...]
The Government is to allow investors to place tenders to develop a 14th century naval fortress at Caminha. A 50-year concession will be up for grabs to run the Forte da Ínsua which was built [...]